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Newsagent in Hythe for sale

Newsagent in Hythe for sale
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Excellent trading position, KENT.

Old Established News, Confectionery, Tobacco, Greeting Cards Recently Reduced To 25,000 or Near offer Plus Stock At Valuation, For Early Sale

This old established Newsagents has been in the same hands for the past 40 YEARS and is now solely offered for sale due to retirement.

Attractive Sales Shop, in the region of 500 sq. ft. sales area, with carpet tiled floor. Equipment includes counter, electric cash register, 9 greeting card display stands - 6 with drawers under and 3 with gift wrapping paper section. Large magazine display section, 1 open cool display unit (used for sandwiches and soft drinks), 1 double door glass-fronted display fridge (used for soft drinks), ice cream deep freeze, shelving, etc.

Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages in the region of 4,500 p.w., in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 2,200 p.w. It will be appreciated upon inspection there is potential for additional opening hours & with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence, if desired. We are further advised that the sales year ending 31.1.18 showed sales of 261,268 with a gross profit of 71,885.

REDUCED FOR EARLY SALE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 25,000 or near offer plus stock at valuation (8,000 approx.)

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